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Property profile & analytics
OFF-MARKET
Bars & Pubs
17401 Perdido Key Dr Pensacola, FL 32507-9354
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-2515681
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
2012
Construction
WOOD
Total area
17,853 SF
Lot
1.26 ac (54,668 SF)
Zoning code
CG-PK
APN
01-4S-33-1001-000-001
UPID
US18-2515681
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Worship on the Water Association / Organization
-
Wes Loper Entertainment Inc. Theater & Performing Art Venue Nightclub
-
FLORA-BAMA MANAGEMENT, LLC Corporate Office
-
ATM Atm
-
Alabama Florida State line on the beach Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mgfb Properties INC · 4 yrs held
Mgfb Properties INC
since 2022
6 recorded transactions
Zoning & alternative use
CG-PK · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pensacola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pensacola submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,750
Tax year 2023
Assessed value
$2,044,430
Assessed 2023
Previous assessed
$2,035,209
+0.5% YoY
Effective rate
1.36%
On assessed value
Land market value
$1,112,650
Improvement market value
$931,780
Total market value
$2,044,430
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
2012
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
17,853 SF
Lot
1.26 ac (54,668 SF)
Zoning code
CG-PK
APN
01-4S-33-1001-000-001
UPID
US18-2515681
Jurisdiction
ESCAMBIA
Zoning & alternative use
CG-PK · Pensacola, FL
Zoning CG-PK · permitted uses
CG-PK · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pensacola. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.26 ac
Current owner
From public records · entity-resolved
Mgfb Properties INC
Entity
Mailing address
17401 PERDIDO KEY DR, PENSACOLA, FL 32507-9354
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2022
—
Mgfb Properties INC
—
Deed
related
—
Apr 27, 2020
—
Mgfb Properties INC
—
Deed
related
$850,000 · Smartbank
Jul 30, 2019
—
Mgfb Properties INC
—
Grant Deed
related
$11,925,000 · Smartbank
—
—
Flora-bama Lounge
—
Deed Of Trust
related
$300,000 · Southeast Capital LLC
—
—
Mgfb Properties INC
—
Deed Of Trust
related
$850,000 · Smartbank
—
—
Flora-bama Lounge
—
Deed Of Trust
related
$3,000,000 · Southeast Cap LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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